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Financial Operations Manager

2 months ago


Lisle, Illinois, United States Molex Employees Federal Credit Union Full time
Job Overview

Are you seeking a part-time position as a Treasurer within a supportive and low-pressure financial institution? The Molex Employees Federal Credit Union is in search of a successor for their retiring Treasurer to proficiently oversee and direct its financial activities. With a robust financial standing of $7M in assets and a member base of 1200, we proudly maintain a NCUA Camel 1 rating. Our organization is supported by a dedicated Board of Directors and is situated in a picturesque office environment.

We provide a competitive compensation package that reflects your experience.

Work Schedule:

  • Part-Time Only
  • (Flexible days, 18-20 hours per week)

Key Responsibilities:

  • Supervise a small team of 2 credit union staff
  • Manage cash flow and financial investments
  • Present proposals to the Board regarding interest and dividend rate changes
  • Prepare the Annual Budget and conduct variance analysis
  • Oversee loan processing and approvals
  • Develop and implement policies to ensure compliance with federal and state regulations
  • Monitor and report on loan delinquency

Required Qualifications:

  • At least 3 years of experience in financial management within a credit union setting is preferred
  • Familiarity with standard credit union policies and procedures
  • Strong attention to detail and exceptional organizational abilities
  • Capability to drive strategic planning for growth and financial sustainability
About the Company

Established as a non-profit organization in 1978, we manage $7M in assets and serve 1,200 members. The Molex Employees Federal Credit Union is a highly regarded financial institution with over 35 years of experience, offering a diverse range of financial products and services tailored for Molex employees and their families.

We pride ourselves on merging the resources of a large financial entity with a personalized approach to customer service, as we are member-owned and operated. Our core philosophy is to deliver superior interest rates on savings and loans while providing an unparalleled level of service compared to our competitors.

If you are affiliated with Molex or its subsidiaries, you can become a member of the Molex Credit Union by following the outlined steps on our website.